'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know
Heading in the spring home selling season, buyers should know what their options are before locking in an interest rate for a new mortgage, experts say.
Key context
- Source
- CNBC — established analytical coverage
- Scope
- North America · US
- Theme
- Housing
- Signals
- bond yields, mortgage spreads
Why it matters
Developments around homebuyers know heading could carry modest economic repercussions if underlying trends persist. The scale of transmission will depend on the duration and scope of the dynamics at play.
RatesHousingMarketsUS
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